21–30 of 379 posts
Maybe the economic ramifications of Brexit were not fully thought out before everyone decided to vote for it.
Maybe the economic ramifications of Brexit were not fully thought out before everyone decided to vote for it.
https://twitter.com/paulkrugman/status/1573649995290628096 The iron law of Krugman strikes again. I really need to start trading on this.
Maybe the economic ramifications of Brexit were not fully thought out before everyone decided to vote for it.
Maybe this has nothing to do with Brexit, but more with energy prices and Tory tax cuts. As far as I know, not a single doomsaying Brexit prediction has come to pass.
https://twitter.com/paulkrugman/status/1573649995290628096 The iron law of Krugman strikes again. I really need to start trading on this.
Thanks for the link, it was really interesting. But what is the iron law exactly?
https://twitter.com/paulkrugman/status/1573649995290628096 The iron law of Krugman strikes again. I really need to start trading on this.
It's not a crisis to have a devaluation.
https://twitter.com/paulkrugman/status/1573649995290628096 The iron law of Krugman strikes again. I really need to start trading on this.
That's hilarious, but is it a currency crisis or is it just trading down a bit?
But you can just feel his ego through his tweets "I'm supposed to know something about currency crises — I did invent the academic field!"
Earlier quoted context omitted.
I tend to think people underestimate the amount of govt investment that happens in our communities which will be neglected if left to private enterprise alone. There needs to be a balance on taxation as too low can limit the ability of the govt to invest when needed. Also your point assumes money will fairly transfer from private business to citizens when businesses have lower taxes? I don't think that is necessarily…
It is true the government can redistribute funds into investment. It’s also true if the citizens don’t make any money, the government will have little to tax and redistribute.
Crazy times it wasn't long ago that a pound bought over $2. The interesting thing this week is that the most fragile and indebted country that the EU has bailed out for 30 years straight (Italy) has elected a govt that doesn't like the EU. Good times ahead.